5 consecutive years of decline, can BTC break the January curse?

Can BTC break the January curse?

February, April, May and June performed best. According to the monthly performance of BTC prices from 2010 to 2019, BTC performed the best in February, April, May, and June, with a rising probability of 78%.

The worst performance in March. In history, BTC performed the worst in March, with a drop probability of 78%, and August and September also performed poorly, with a drop probability of 70%.

The monthly rise and fall fell. From 2010 to 2013, the largest monthly increase of BTC exceeded 100%, especially in November 2013, the increase reached a staggering 448%. However, as the price of BTC rises and the market value continues to rise, the monthly rise and fall of prices gradually decline.

Break the curse? Historically, the probability of BTC price falling in January reached 56%, especially in January in the past 5 years, BTC closed down, with an average decline of 16.9%. However, from January to 2020, BTC prices have increased by 26.7%.

We will continue to update Blocking; if you have any questions or suggestions, please contact us!

Share:

Was this article helpful?

93 out of 132 found this helpful

Discover more

Policy

Sam “SBF” Bankman-Fried Faces the Fury of the Court (with a Twist of Humor)

Sam Bankman-Fried, the ex-CEO of FTX, took the stand in a New York court and testified about communication and custom...

Blockchain

Can the community restart and can the losses be recovered? 8 big events to clarify the way for FCoin to defend your rights

On February 17, 2020, FCoin founder Zhang Jian released the "FCoin Truth" announcement. FCoin was unable to...

Policy

Crypto Exchange FTX to Sell Trust Assets: Debtors Making a Desperate Cash Grab!

The debtors have suggested forming a pricing committee that includes representation from all stakeholders in addition...

Blockchain

How does the derivatives market fight on the platform of the 5-year-old exchange?

Derivatives trading has become a battleground for the military, and OKex, Huobi, Gate, Fcoin, which are well-known ex...

Blockchain

SBF returns to the witness stand admitting mistakes but refusing to plead guilty, Binance, ex-girlfriend, and Three Arrows caused FTX to collapse.

SBF revealed insider information that Binance had once sought to acquire FTX, and described himself as the CEO who do...

Blockchain

0.32 dollars to buy 40 bitcoins: the currency exchange will not work hard, the regular army will come

Summary Event: On August 23, the Amazon AWS cloud service failed, causing many currency exchanges such as the currenc...